Prince Charming Doesn’t Live Here Anymore

“Some day, my Prince will come” goes the song. But what if he came – and went — and took half of everything with him? That’s the dilemma of the woman on her own again. And once bitten, twice shy, she may not want to rush into a new marriage. Most women can expect to spend at least a third of their adult lives on their own. That means they...

Dividing Debt in Divorce

Dividing Debt in Divorce

Question I know that California says that I get half of the property my husband and I have accumulated during our marriage. But what we have is mostly debts. What’s the best way to deal with them? Answer Unfortunately, its not unusual for couples these days to have more debts than assets. The general rule is that debts incurred during the marriage are the...